The World Wide Web is an ever-flourishing network that offers new ways to gain cash on the Web. One of these possibilities is to be a domain reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are millions of presently functioning domain names, so this is a flourishing marketing niche that you can be involved in.
TLDs and SLDs
A domain contains two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete Top-Level Domain may contain, among them the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to customers and manage all domain name resource records.
Earn Profit From Selling Domain Names
Plenty of Registrars have reseller programs that permit people to gain revenue from offering domain names to end customers. If you sign up for such a program, you can start your own personal e-business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more people in areas or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most firms also offer invoicing transaction software and design templates for your virtual storefront, and the automation of the whole procedure together with the large demand for domain names make the domain reseller industry so attractive. You will either have a pre-made web site and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal site and order form. Generally, you have the opportunity to pick between the two possibilities, so it all revolves around how experienced you are in these issues. As a domain reseller, you will sell on behalf of your own personal brand name and not under the Registrar's.
Gain Money From Promoting Web Site Hosting Packages As Well
A suitable addition to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to clients who want to set up their web site and require both a domain name and a web hosting package. Some corporations supply such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to charge your customers. You can then sell domains and shared web hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the world.